Four export commodity groups with turnover of “tens of billions of dollars"

VCN- In the first six months of the year, four export commodity groups reached turnover of US$10 billion or more, an increase of one group compared to the same period in 2019.
four export commodity groups with turnover of tens of billions of dollars Import-Export reached US$ 1.5 billion each day in the second half of June
four export commodity groups with turnover of tens of billions of dollars Trade defense lawsuits in first six months higher than 2019

four export commodity groups with turnover of tens of billions of dollars
Chart by T.B.

Machinery, equipment, tools and spare parts were the first commodity group grossing a turnover of 10.42% (equivalent to US$2.18 billion), a year-on year increase of 26.5%.

Markets importing machines, equipment, tools and spare parts from Vietnam in the first six months were the US with turnover of US$2.93 billion, increasing by 73.5%; the EU with US$1.33 billion, increasing by 29.7%; Japan with US$809 million, increasing by 6%; South Korea with US$754 million, increasing by 27.4%.

Meanwhile, the largest export category was phones and accessories with turnover of US$21.95 billion, but decreasing by 6.5% compared to the same period in 2019.

In the first six months of the year, the exports of this category to the EU reached US$4.92 billion, increasing by 22.3%; to the US reached nearly US$4 billion, increasing by 5.2%; to China reached US$3.73 billion, increasing by 2.4 times; to the South Korea reached US$2.51 billion, increasing by 6%.

Computers, electronic products and componentswere the second commodity group with turnover of US$19.47 billion, a year-on year of increase of 25.4%.

Export of computers, electronic products and components to China in the first six months reached US$5.4 billion, up 36.4% over the same period last year; to the US was US$4.38 billion, up 1.9 times; to the EU was US$2.55 billion, up 5.8%.

Export turnover of textiles and garments hit US$13.18 billion, down 12.7% compared to the same period in 2019.

In the first six months of the year, the US remained Vietnam's largest textile and garment export marketwith a value of US$6.19 billion, down 11.9% over the same period last year.

Other major markets were Japan with a value of US$1.64 billion, down 7%; the EU market ranked with a value of US$1.6 billion, down by 19.2%.

Thus, among four major commodity groups, the turnover of computer electronic products and components; and machinery, equipment, tools and spare parts achieved high growth over the same period in 2019, while the turnover of the remaining two commodity groups declined.

With a turnover of US$65 billion, the turnover of four major commodity groups accounts for 53% of total export turnover of the whole country in the first six months.

By Thai Binh/Ngoc Loan

Related News

Agricultural, forestry and fishery exports “reach the target” early

Agricultural, forestry and fishery exports “reach the target” early

VCN - According to a report from the Ministry of Agriculture and Rural Development, the export turnover of agricultural, forestry and fishery products in November 2024 is estimated at US $5.3 billion, up 13.9% compared to November 2023. It is notable that it not only “reaching the finish line” early, the agricultural sector also exceeded the annual plan by over US $ one billion.
Declarations and turnover of imported and exported goods processed by Lao Bao Customs surge

Declarations and turnover of imported and exported goods processed by Lao Bao Customs surge

VCN- By the end of November 30, Lao Bao Border Gate Customs Branch (Quang Tri Customs Department) had processed procedures for 9,337 import-export declarations, up 26.6%, with the import-export turnover of US$553.48 million, up 45.9% year-on-year.
Goods trading, being seen from Lang Son border gate

Goods trading, being seen from Lang Son border gate

VCN - At this time, import and export activities at the three international border gates of Huu Nghi, the bilateral border gate of Chi Ma and the secondary border gate of Tan Thanh are all very active. This is also the answer to the question of why Lang Son's import and export turnover in 2024 increased sharply.
7 key export groups bring in US$234.5 billion

7 key export groups bring in US$234.5 billion

VCN - From the beginning of the year to November 15, the whole country has seven export groups with a turnover of US$10 billion or more.

Latest News

VN faced with increasing trade defence investigations on rising protectionism

VN faced with increasing trade defence investigations on rising protectionism

Việt Nam’s exporters faced a significant increase in the number of trade defence investigation cases this year, on the back of rising protectionism worldwide, according to the Ministry of Industry and Trade.
Việt Nam expects to officially export passion fruit to the US next year

Việt Nam expects to officially export passion fruit to the US next year

Negotiations on technical issues were already completed in August. Now, legal procedures are underway for the official export of fresh passion fruit to the US.
UK’s carbon tax to affect VN exports

UK’s carbon tax to affect VN exports

The UK’s carbon border adjustment mechanism will take effect in 2027.
Removing obstacles in granting certificates of exploited aquatic products

Removing obstacles in granting certificates of exploited aquatic products

VCN - Prime Minister Pham Minh Chinh requested to review all regulations related to the organization and issuance of certificates of origin of exploited aquatic products (SC) at fishing ports, issuance of certificates of origin of exploited aquatic products (CC), and amend inappropriate regulations that cause difficulties and hinder production and business activities in the field of exploitation, processing and export of seafood.

More News

Promoting agricultural exports to the Japanese market

Promoting agricultural exports to the Japanese market

VCN - Japan's high-quality standards have become a driving force for continuous improvement in Vietnamese agricultural products to meet global consumer expectations and build a strong brand for Vietnamese agricultural products on the world map.
Agricultural exports in 2024 to exceed 60 billion USD?

Agricultural exports in 2024 to exceed 60 billion USD?

VCN - The agricultural sector has basically achieved and exceeded the set targets when the export turnover of agricultural, forestry and fishery products in the first 11 months of 2024 reached 56.74 billion USD, up 19% over the same period in 2023, the trade surplus reached nearly 16.5 billion USD, up 52.8%. This year's agricultural exports are expected to exceed 60 billion USD if the export value in December reaches over 5 billion USD.
Seafood exports expected to exceed $10 billion in 2025: expert

Seafood exports expected to exceed $10 billion in 2025: expert

The achievement of the $10 billion export milestone in 2024 is attributed in part to efforts to open and strengthen connections with key markets such as the US and the EU.
Top 10 Reputable Animal Feed Companies in 2024: Efforts to survive the challenges of nature

Top 10 Reputable Animal Feed Companies in 2024: Efforts to survive the challenges of nature

VCN - In the Report announcing the Ranking of Top 10 Reputable Animal Feed Companies in 2024 on December 12, 2024, Vietnam Report Joint Stock Company said that Vietnam's animal feed industry has faced many challenges from natural disasters and epidemics. But overcoming all, the industry continues to survive and has confidence in the future.
Vietnam's import-export surges 15.3%

Vietnam's import-export surges 15.3%

Vietnam's total import-export turnover reached 745 billion USD as of December 14, marking a robust 15.3% growth compared to the same period in 2023, according to the General Department of Vietnam Customs.
More Vietnamese firms interested in Saudi Arabia: Ambassador

More Vietnamese firms interested in Saudi Arabia: Ambassador

An increasing number of Vietnamese enterprises are showing interest in Saudi Arabia, particularly in the sectors of Vietnam's advantages and the Middle East country's needs, a diplomat has said.
“Give and Take” in the Value Chain of the CPTPP Market

“Give and Take” in the Value Chain of the CPTPP Market

VCN - Vietnamese businesses have many opportunities and advantages if they take advantage of resources from imports and technology transfers when joining the supply chains of FDI companies within the CPTPP.
Binh Dinh province works to attract investment from Japan

Binh Dinh province works to attract investment from Japan

The People’s Committee of Binh Dinh province on December 18 inked a cooperation deal with the Japan - Vietnam Friendship Association of Sakai city as part of the south-central province’s efforts to attract more investment and development resources from the Northeast Asian country.
Thailand remains Vietnam’s biggest trading partner in ASEAN

Thailand remains Vietnam’s biggest trading partner in ASEAN

The activities conducted by the Vietnam Trade Office in Thailand in 2024 have enriched the trade and investment relations between the two countries, contributing to helping Thailand maintain its position as Vietnam's largest trading partner in the Association of Southeast Asian Nations (ASEAN), according to Le Huu Phuc, Vietnam's Trade Counsellor in Thailand.
Read More

Your care

Latest Most read
VN faced with increasing trade defence investigations on rising protectionism

VN faced with increasing trade defence investigations on rising protectionism

Việt Nam’s exporters faced a significant increase in the number of trade defence investigation cases this year, on the back of rising protectionism worldwide, according to the Ministry of Industry and Trade.
Việt Nam expects to officially export passion fruit to the US next year

Việt Nam expects to officially export passion fruit to the US next year

Negotiations on technical issues were already completed in August. Now, legal procedures are underway for the official export of fresh passion fruit to the US.
UK’s carbon tax to affect VN exports

UK’s carbon tax to affect VN exports

The UK’s carbon border adjustment mechanism will take effect in 2027.
Removing obstacles in granting certificates of exploited aquatic products

Removing obstacles in granting certificates of exploited aquatic products

Prime Minister Pham Minh Chinh requested to review all regulations related to the organization and issuance of certificates of origin of exploited aquatic products (SC) at fishing ports
Promoting agricultural exports to the Japanese market

Promoting agricultural exports to the Japanese market

VCN - Currently, Vietnamese agricultural exports to Japan comprise only six main categories, while several key Vietnamese agricultural products like rice, tea, and livestock products haven't yet penetrated the Japanese market significantly.
Mobile Version